Section A: Charity Information

Section B: Activities

Did the charity operate in the 2017 reporting period?

Yes

Main activity:

Religious activities

Description of charity's activities and outcomes:

The Sydney Buddhist Centre pursues its aims through two venues: Sydney Buddhist Centre and Vijayaloka Retreat Centre. At the SBC the charity conducts classes and courses in meditation and study of Buddhism. Classes include free drop-in classes for newcomers to meditation as well as regular meditation and discussion groups on a donation basis. Structured courses are both at introductory and further-experienced levels, and have a fee charged at full and concession prices. Some of these activities are provided for trainees progressing toward ordination. At Vijayaloka Retreat Centre, the charitable association runs retreats over periods from weekends to three weeks in length, devoted to learning and practice in both meditation and Buddhism, as well as retreats for ordination trainees.

Main beneficiary:

General community in Australia

Other beneficiaries:

Youth - aged 15 to under 25

Adults - aged 25 to under 65

Adults - aged 65 and over

Other

Access to Buddhist teachings and practices are made available to anyone in the general population who wishes to take advantage of what is provided. People accessing the facilities offered may fall into several of the categories listed but may not necessarily be directly targetted by the programmes. For instance, disabled access is provided. There are also classes, courses and retreats for people in recovery from addictions.

Where the charity conducted activities during the 2017 reporting period:

New South Wales

Will the charity change or introduce any activities in the 2018 period?

No

Section C: Human Resources

Human resources:

Full time employees: 0

Part time employees: 4

Casual employees: 0

Full-time equivalent staff (FTE): 2

Estimated number of volunteers: 40

Section D: Finance

Charity's 2017 reporting period:

1 July 2016 to 30 June 2017

Type of financial statement:

General purpose financial statements

Financial report consolidated with more than one entity?

No

Comprehensive Income Statement summary

Gross Income

Donations and bequests:

$162,324.00

Revenue from providing goods or services:

$63,643.00

Revenue from government including grants:

$0.00

Revenue from investments:

$314.00

All other revenue:

$61,336.00

Total revenue:

$287,617.00

Other income (for example, gains):

$0.00

Total gross income:

$287,617.00

Expenses

Employee expenses:

$116,139.00

Grants and donations made for use in Australia:

$0.00

Grants and donations made for use outside Australia:

$0.00

All other expenses:

$147,157.00

Total expenses:

$263,296.00

Net surplus/(deficit):

$24,321.00

Other comprehensive income:

$0.00

Total comprehensive income:

$24,321.00

Balance Sheet extract

Assets

Total current assets:

$183,236.00

Total non-current assets:

$1,466,050.00

Total assets:

$1,649,286.00

Liabilities

Total current liabilities:

$26,534.00

Total non-current liabilities:

$421,623.00

Total liabilities:

$448,157.00

Net assets/liabilities:

$1,201,129.00

Financial report submitted to a state/territory regulator?

No

Section E: Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Section F: Reporting to state or territory regulators

Is the charity an incorporated association?

Yes

Select the state/territory and enter the incorporated association number: